Accounting is one of the important economic and administrative disciplines, and with the development witnessed by companies, projects and commercial activities, accounting has become important for all these businesses so that projects can know their assets, revenues, and liabilities.
So that the institution or organization is on the right path and is familiar with the affairs of the institution, so it can be said that accounting has become the language of communication in business organizations because of the benefits that accrue to it for any institution or facility that benefits business.
The accountant develops and keeps abreast of developments related to finance and business and develops himself in the field of accounting, so that he can benefit the company, understand its affairs, and try to provide the best of his accounting expertise to it.
Accounting is one of the most important things without which a business cannot be complete, which means it is a necessary key in every company. The accounting business can be run by a junior accountant in a small business, or by accounting firms that specialize in the finances of large corporations.
Accountability has been used since ancient times, which means that its history goes back to ancient civilizations. At that time, they were recording information and financial transactions on paper. Nowadays, accounting has evolved, and it has become dynamically dependent on off-the-shelf accounting software, which prompted companies to develop their own accounting programs.
The accounting major is classified as the oldest field concerned with financial affairs, as it mainly aims to improve the performance of companies and institutions in the future.
Accounting can be defined as the common language of money and commerce, which includes broad processes that include: tabulation, registration, posting, summarizing, writing, arranging and organizing financial operations; And the totality of these processes is conducted in such a way that users, whether they are internal or external users, can understand it, with the aim of helping them make decisions about the company.
What is the difference between CMA and MBA?
A Master of Business Administration (MBA) is a postgraduate degree that usually focuses on a wide range of business disciplines: finance, accounting, marketing, information technology, and organizational management/operations.
And there are many universities and colleges around the world offer MBA programs.
- CMA vs MBA Career Path Difference
If you have an MBA, you have broader career options, depending on your area of specialization. If you have an MBA, you could work as a management consultant, marketing manager, investment banker, CIO, COO, or financial advisor
- CMA vs MBA Potential Salaries
It’s no big secret that earning an MBA can open more career doors and increase revenue potential.
- What is a CMA Certificate?
Some go to study many courses either through them personally or through their facility in which they work, and one of these courses or certificates a CMA certificate.
The CMA certificate is one of the certificates issued by the Institute of Management Accountants in the United States of America, and it means the certified management accountant, as this certificate focuses and is concerned with everything related to information, monetary and non-monetary data.
This certificate is one of the certificates that gives the accountant many important things related to the world of finance and business, excellence in performing the required work, and advancement to senior positions in the world of accounting management.
The CMA certification serves to help plan the financial affairs policies of the facility. The international professional accreditation obtained by the certificate holder qualifies him to occupy large and high positions in the world of accounting, in addition to increasing the knowledge and experience of the accountant, which develops his self-confidence.
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Why you should take MBA in CMA?
The content of the accounting major consists of a series of subjects, and the subjects offered in the university’s major vary according to the country and university in which the major is taught.
The academic content of this major prepares you to gain sufficient experience that leads you to engage in the labor market, as well as to consider similar disciplines such as economics, business administration and finance.
The following guide explains to you the names of the basic subjects taught in the accounting major:
- Principles of Accounting.
- Cost Accounting.
- Managerial Accounting.
- Financial Accounting.
- Income Tax Accounting.
- Intermediate Accounting.
- Accounting and Decision Making
- Managerial Accounting and Decision Making.
- Principles of Management.
- Production and Operations Management.
- Financial management.
- Accounting for financial institutions.
- Financial statement analysis.
- Corporate Accounting.
- Government Accounting.
- Advanced Accounting.
- International Accounting Standards.
- International Auditing Standards.
- Computer Applications in Accounting.
- Accounting for Special Operations.
- Internal Auditing.
The future of accounting specialization
Accounting is very important as no work is complete, whether at the local or global level, without it. Accountability is also a necessary and indispensable process in various fields, even if this work is independent or administrative. This is what makes the accounting major in general in great demand all over the world.
By taking your MBA in accounting, you will obtain a professional certification from ECC “Egyptian Culture Center” to practice the profession and open many opportunities for you.
Contact us now to know more about your MBA from “ECC” and to check the information related to the access requirements, the admission criteria and tests or the documentation you need to request access.
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